9.27 Bitcoin is under severe pressure. Be careful of the main force's sharp drop and correction on Friday.

A gentleman should not stand under a dangerous wall. BTC's daily level encounters a key resistance above 65,800, so the risk of a short-term correction still exists. Moreover, it is approaching the weekend. The core PCE data of the United States will be released tonight. Be careful of the risk of rapid decline after inducing more highs. ​​The correction is not far away, be careful! The main force of BTC is very cunning, because it has risen too much and there are few corrections. I think it is abnormal. Be careful that the main force will give you a sharp drop.

After several days of continuous upward testing, Bitcoin finally achieved a key breakthrough last night, successfully crossing the important integer mark of 65,000 US dollars, and once soared to a high of 65,800 US dollars. However, the market then encountered a certain amount of selling pressure, and the price began to fall under pressure. It is currently stabilized around 65,000 US dollars for consolidation.

This fluctuation not only shows the competition between the long and short sides of the market, but also leaves suspense for the subsequent trend. We need to pay close attention to market dynamics in the future to determine whether BTC can continue to maintain its upward momentum or enter a period of adjustment. If you are not satisfied with the recent market operation, please consult btc0796 and find me to discuss the market.

Operation suggestions

Short Bitcoin at 65500-65800, target at 64500-64000, defense at 66300

Short Ethereum at 2660-2690, target at 2600-2550, defense at 2720

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